FX.co ★ Trading idea for gold

As expected, gold is moving towards the mirror level, just below which is where many buyers placed their stops in the market.

The main target is to reach 1676, and the scenario for this look like this:

Therefore, it is not really a good idea to open long positions, as doing so may lead to large losses.

(The plan above follows Price Action and Stop Hunting strategies)

Good luck!